Lands’ End (NASDAQ:LE) Trading 5.1% Higher – Here’s What Happened

by · The Cerbat Gem

Lands’ End, Inc. (NASDAQ:LE – Get Free Report) shares traded up 5.1% on Monday . The company traded as high as $16.40 and last traded at $16.59. 29,139 shares were traded during mid-day trading, a decline of 89% from the average session volume of 260,025 shares. The stock had previously closed at $15.79.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LE shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lands’ End in a research report on Wednesday, October 8th. Wall Street Zen upgraded Lands’ End from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Lands’ End currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Lands’ End

Lands’ End Trading Up 6.2%

The business has a 50 day simple moving average of $15.49 and a 200-day simple moving average of $13.13. The company has a current ratio of 1.62, a quick ratio of 0.41 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $508.72 million, a price-to-earnings ratio of 92.64 and a beta of 2.20.

Lands’ End (NASDAQ:LE – Get Free Report) last released its earnings results on Monday, January 13th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $318.63 million during the quarter. Lands’ End had a net margin of 0.46% and a return on equity of 5.32%. On average, equities analysts predict that Lands’ End, Inc. will post 0.41 earnings per share for the current year.

Institutional Trading of Lands’ End

Several large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in Lands’ End by 83.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company’s stock valued at $34,000 after buying an additional 1,081 shares during the last quarter. Quarry LP bought a new stake in shares of Lands’ End in the third quarter worth $36,000. SVB Wealth LLC bought a new stake in shares of Lands’ End in the 1st quarter worth about $51,000. AlphaQuest LLC raised its stake in shares of Lands’ End by 24.5% in the 2nd quarter. AlphaQuest LLC now owns 9,785 shares of the company’s stock valued at $105,000 after purchasing an additional 1,924 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Lands’ End in the first quarter worth about $104,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Company Profile

(Get Free Report)

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.

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